Daily Report NO.054｜May 9
1. $BTC etf. On May 8, etf had a net inflow of 11.54 million US dollars.
2. Sentiment index, FGI, 58, market sentiment declined.
3. BTC chain had 47 large transfers, extremely bearish; $ETH chain had 101 large transfers, extremely bearish.
4. The total TVL on the chain was 91.05B, down 0.81% in 24 hours
5. Current BTC market: 6H: shorts strengthened; 4H, longs weakened, lasting 8 cycles. 1H, shorts continued to strengthen.
Intraday direction: short
Intraday pressure level: 61890, 62580
